Ans: Internal Audit for an organization is a self reliant and objective assurance activity. It is used to add values and enhance organization’s operations. It helps to achieve organizational objectives with the use of an effective and systematic way to calculate and enhance the efficiency of governance, risk management and internal control processes.

Que 7: Ways to Calculate Interest for VAT Delay Payment?

Que 8: How does you explain Audit Control Procedure?

Que 9: How to Verify Fraud and Risk with SAP Audit Management?

Ans: It is integrated with SAP Risk Management and SAP Fraud Management.

Que 10: Explain the way to change the audit plan to graphical time scheduling?

Ans: To perform it one nee to verify whether MS project 98 or MS project 2000 is installed on that particular PC and verify that SAPGUI component CRM-ADDON is installed on that PC.

Que 11: Which Events are classed as Very Critical?

Ans: Following are classed as Very Critical Events:

AUE Audit configuration changed

AUF Audit: Slot &A: Class &B, Weight &C, User &D, Client &E, &F

AUG Application server started

AUH Application server stopped

AUI Audit: Slot &A: Inactive

AUJ Audit: Active status set to &1

CUL Field contents changed: &A

CUM Jump in ABAP Debugger: &A

CUNA manually captured process was terminated from the debugger (&A).

CUO Explicit database commit or rollback from debugger &A

CUP Non-exclusive debugging session started

BUZ> in program &A, line &B, event &C

CUY > &A (this includes the messages CUL to CUP)

Que 12: Can the settings of the audit log be transported?

Ans: No

Que 13: What is the maximum size of an audit file?

Ans: 2 gigabytes

Que 14: What happens if the audit file reaches its maximum size?

Ans: The file is closed and recording is terminated. On the next day, the system creates a new file.

Que 15: Is there restrictions exist for the length of the names for audit files?

Ans: Yes, in addition to the restrictions that apply because of the operating system used, the following restrictions also exist because of the kernel functions used in ABAP parts:Maximum length for file names = 75 charactersMaximum length for directories = 75 characters